Hungary: Market for Shampoos, Hair Lacquers And Other Preparations 2022

Market Size for Shampoos, Hair Lacquers And Other Preparations in Hungary

The Hungarian market for shampoos, hair lacquers and other preparations fell significantly to $X in 2021, waning by -X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Consumption peaked at $X in 2020, and then dropped dramatically in the following year.

Production of Shampoos, Hair Lacquers And Other Preparations in Hungary

In value terms, production of shampoos, hair lacquers and other preparations rose modestly to $X in 2021 estimated in export price. Overall, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Hungary

In 2021, shipments abroad of shampoos, hair lacquers and other preparations decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, exports of shampoos, hair lacquers and other preparations skyrocketed to $X in 2021. Overall, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for exports of shampoos, hair lacquers and other preparations from Hungary, accounting for a X% share of total exports. Moreover, exports of shampoos, hair lacquers and other preparations to Germany exceeded the volume sent to the second major destination, Romania (X tons), fivefold. The third position in this ranking was occupied by Poland (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Poland (+X% per year).

In value terms, Germany ($X) remains the key foreign market for shampoo, hair lacquer and other preparations exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Romania (+X% per year).

Export Prices by Country

The average export price for shampoos, hair lacquers and other preparations stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Hungary

In 2021, purchases abroad of shampoos, hair lacquers and other preparations was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of shampoos, hair lacquers and other preparations surged to $X in 2021. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest supplier of shampoo, hair lacquer and other preparations to Hungary, accounting for a X% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was occupied by Poland (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (-X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of shampoo, hair lacquer and other preparations to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2021, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, jumping by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform